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Ford CEO talks production in Reuters exclusive; shares rally06.25.2009
Four days before Ford announced it would increase production in the third quarter, Ford CEO Alan Mulally told Reuters exclusively of the plan on June 25. In a rare interview, Mulally also provided an update on its possible sale of Volvo, and said that the company wasn’t going to announce debt-to-equity moves anytime soon. The story was the most read on Automotive News the weekend after it ran and into the next week. Ford’s shares rose almost 10 percent in the following four trading days. |
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